[Renowned Trader: Bitcoin Has Entered the Bottom Range, Accumulating BTC in the $54K to $64K Range] BlockBeats News, August 5: Renowned trader Doctor Profit posted that he did not precisely short BTC at the $125K peak but instead gradually built short positions in the $115K to $125K range, sold all his Bitcoin, and moved into large-scale short positions, while concluding that this bull market had ended. Currently, he has set the $64K to $54K range as the BTC buying zone and is executing purchases according to this plan. He also stated that he cannot predict the exact bottom, as he is better at identifying price ranges. The current buying zone indicates that he believes BTC has entered the bottom range and is preparing accordingly. [Original Link]